ICYMI — altcoins have been riding wild price swings of late.
BNB, the fourth-largest crypto by market cap, had been pushed under support by a strong sell-off. The price, however, took a U-turn and currently sits at $298 at the time of writing. MATIC, the native token of an Indian blockchain scalability platform, jumped almost 60% from June 12 to June 15. The gain may be temporary, however, as the crypto asset has since then shown an indecisive downward tendency.
For folks looking to capitalize on these market movements and diversify their crypto portfolios, we’ve got just the thing for you!
Traders, Bybit is thrilled to announce a new and expanded offering for our USDT-margined product suite. Six new pairs — BNB/USDT, SOL/USDT, MATIC/USDT, ETC/USDT, FIL/USDT and EOS/USDT — are now live on Bybit for trades.
Diversify your portfolio and investment strategies today with your preferred utility token, exchange token and more!
You will be able to select between 1x to 50x leverage for BNB/USDT and EOS/USDT, and 1x to 25x leverage for the other four pairs.
USDT-margined linear contracts allow you to use the stablecoin, Tether (USDT), as collateral, thereby helping reduce the risks of large price fluctuations. You don’t need to worry about the underlying collateral exposure, making USDT-margined linear contracts a preferable choice especially during times of market volatility.